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The Mexican fintech Axify secures a USD$1.3M investment for expansion

One of the most recent innovations in the Mexican fintech industry comes from Axify, a startup introducing a “buy now, pay later” model, a formula revolutionizing the world of digital payments. Axify’s main appeal is its prepaid system that allows users to purchase goods or services now and pay for them in installments, without accumulating debt or worrying about high interest rates. To date, the Axify platform has integrated with a network of 44,000 convenience stores in Mexico.

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Indonesian startup Mimin expands generative AI services to Malaysia and Singapore

November 2, 2023

Mimin, the Indonesian platform enabler revolutionizing customer service through artificial intelligence (AI)-driven chat, has announced its expansion into Malaysia and Singapore. Recognizing the widespread reliance on messaging applications, especially WhatsApp, for various business activities in these neighboring countries, Mimin has rapidly gained traction, the firm said in recent statement.

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Vaas raises BRL$10M (~USD$2M) to fight financial frauds

November 2, 2023

The Brazilian startup Vaas, dedicated to developing technologies against financial fraud, raised BRL$10 million (~USD$2 million) in a pre-seed round led by ABSeed. The startup, still in a proof-of-concept phase with significant companies, plans to launch its blockchain transaction tracking platform next month. The solution will track transactions through Pix, but the plan is to develop anti-fraud tools for this type of payment, which has been a primary target of scammers.

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Google Faces Canada Lawsuit Over Advertising Practices

December 5, 2024

Google is facing another antitrust lawsuit, this time in Canada, specifically focusing on anti-competitive practices in online advertising. The Competition Tribunal has been asked to order Google to sell two of its ad tech tools, prohibit future anti-competitive practices and fine the company billions of dollars. In response, Google points to a highly competitive market offering plenty of alternatives.

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